The Tamil Nadu State Government in India released the ‘Tamil Nadu Industrial Policy 2021’ from January 1, 2023 to March 31, 2025 to attract investment in the manufacturing sector.
By offering incentives such as capital and interest subsidies, discounted electricity rates and tax breaks, the policy aims to increase the contribution of the manufacturing sector to 30% of India's gross state value (GSVA) by 2030.
Nexdigm, our partner in India, has released the report ‘Incentives for New Manufacturing Set Ups - Tamil Nadu', dissecting the policy highlights and sharing its observations on the proposed incentives.
Download the report now.